NOT LISTED FOR SALE

7515 E Lake Dr Murchison, TX 75778

Estimated Value: $238,000 - $354,000

2 Beds
2 Baths
1,296 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 30, 2024

Current estimated payment $2,049/month

45 Days on Market

Highlights

  • Lake Front
  • Parking available for a boat
  • Boat Slip
  • Airplane Hangar
  • Horse Facilities
  • Fishing

About This Home

As of August 2024

PROPERTY UNDER CONTRACT AND OPEN TO BACK UP OFFERS. Own a piece of East Texas paradise in the exclusive Echo Lake community. You will be engulfed by nature and serenity as your dream home sits right on the lake with the most amazing views and your very own private boat dock. This gorgeous, remodeled property features 2 bedrooms, 2 baths with a bonus room currently being used as a bedroom and an open floor plan with a gourmet kitchen perfect for entertaining and relaxing. Home, storage and boat dock roofs have been recently replaced. Echo Lake is a stunning 405-acre private gated community that offers amenities perfect for nature enthusiasts including a private 135-acre fishing lake, 40-acre horse pasture, endless walking and biking trails, 250-yard outdoor gun range, 2600 ft private airstrip with airplane hangars, active social calendar and more! Learn more at echolaketx.com. This oasis is nestled in between Athens and Tyler and just 75 miles from Dallas.

Last Agent to Sell the Property

Ana Ortiz

Lifestyles Realty Central Texa Brokerage Phone: 210-787-2236 License #0726135 Listed on: 05/16/2024

Last Buyer's Agent

Charlee Rees

Keller Williams Realty-Tyler License #0690496

Keller Williams Realty-Tyler

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1978

Lot Details

  • 0.81 Acre Lot
  • Lake Front
  • Adjacent to Greenbelt

HOA Fees

  • $106 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Additional Parking
  • Parking available for a boat

Home Design

  • Lake House
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Woodwork
  • Paneling
  • Ceiling Fan
  • Chandelier
  • Decorative Lighting
  • Window Treatments
  • Luxury Vinyl Plank Tile Flooring
  • Lake Views

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Airplane Hangar
  • Boat Slip
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Brownsboro Elementary And Middle School
  • Brownsboro High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 26850000033010
  • $4,150 per year unexempt tax

Community Details

Overview

  • Voluntary home owners association
  • Association fees include full use of facilities, ground maintenance, management fees
  • Mac Group/Rose City Property Management, Inc. HOA, Phone Number (903) 630-6355
  • Echo Lake Sec 02 Subdivision
  • Community Lake
  • Greenbelt

Recreation

  • Fishing
  • Horse Facilities
  • Jogging Path

Security

  • Fenced around community
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,855

Year Built

Built in 1978

Lot Details

0

HOA Fees

$106 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Lake House, Single Detached
  • Unit Levels: One
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 210-787-2236
  • Special Features: None

Interior Features

  • Square Footage: 1296.00
  • Windows: Window Coverings
  • Interior Amenities: Chandelier, Decorative Lighting, Granite Counters, Kitchen Island, Natural Woodwork, Open Floorplan, Paneling
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Refrigerator
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Fishing, Gated, Greenbelt, Hangar, Horse Facilities, Jogging Path/Bike Path, Lake, Perimeter Fencing
  • Roof: Asphalt, Shingle
  • Construction Materials: Brick, Siding
  • Exterior Features: Boat Slip, Covered Patio/Porch, Rain Gutters
  • Waterfront: Yes
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Additional Parking, Boat, Concrete, Storage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
  • Utilities: City Sewer, City Water, Septic

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Grounds, Management Fees
  • Association Fee: 1275
  • Association Fee Frequency: Annually
  • Association Type: Voluntary
  • Hoa Management Company: MAC Group/Rose City Property Management, Inc.
  • HOA Management Company: 903-630-6355

Schools

  • School District: Brownsboro ISD
  • Elementary School: Brownsboro
  • High School: Brownsboro
  • School District: Brownsboro ISD
  • Elementary School: Brownsboro
  • Junior High School: Brownsboro

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .5 to < 1 Acre
  • Lot Features: Adjacent to Greenbelt, Greenbelt, Water/Lake View, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.8080
  • Parcel Number: 26850000033010
  • Lot Size Acres: 0.8080
  • Lot Size Sq Ft: 35196.4800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1978

Tax Info

  • Unexempt Taxes: 4150
  • Special Taxing Entities: No
  • Tax Lot: 33

Multi Family

  • WaterfrontFeatures: Dock – Covered, Lake Front

MLS Schools

  • Elementary School Name: Brownsboro
  • High School Name: Brownsboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Aug 30, 2024
Sold by
Roberts Jerry Paul and Roberts Judith Elaine
Bought by
Tims William Brent and Tims Amy Melissa
Seller's Agent
Ana Ortiz
Lifestyles Realty Central Texa
Buyer's Agent
Charlee Rees
Keller Williams Realty-Tyler
List Price
$359,000
Views
45
Current Estimated Value
$320,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.56%
Original Mortgage
$170,000
Outstanding Balance
$163,433
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$156,581

Purchase Details

Closed on
Dec 12, 2019
Sold by
Bice John and Bice Patsy
Bought by
Roberts Jerry Paul and Roberts Judith Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2002
Sold by
Holmes Wesley S and Holmes Deborah B
Bought by
Bice John and Bice Patsy

Purchase Details

Closed on
Aug 17, 2001
Sold by
Bawdon Roger E and Marlys Lee
Bought by
Bice John and Bice Patsy
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tims William Brent -- Attorneys Title
Roberts Jerry Paul -- East Texas Title Co Smith
Bice John -- --
Bice John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tims William Brent $170,000
Previous Owner Roberts Jerry Paul $191,250
Previous Owner Roberts Jerry Paul $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold -- -- --
07/01/2024 07/01/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $359,000 -- $277 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,855 $217,851 $71,264 $146,587
2023 $4,150 $261,063 $71,264 $189,799
2022 $7,528 $466,110 $295,320 $170,790
2021 $3,592 $185,300 $63,280 $122,020
2020 $3,516 $170,700 $63,280 $107,420
2019 $3,319 $153,410 $63,280 $90,130
2018 $758 $147,990 $63,280 $84,710
2017 $757 $146,330 $63,280 $83,050
2016 $3,188 $146,330 $63,280 $83,050
2015 $762 $146,330 $63,280 $83,050
2014 $906 $146,330 $63,280 $83,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20618483

North Texas Real Estate Information Systems (NTREIS)

APN: 2685-0000-0330-10